[Asia Economy Reporter Baek Kyunghwan] The prosecution investigating the Optimus Asset Management fund fraud case has recently arrested and indicted an additional broker.


According to the legal community on the 12th, the Economic Crime Criminal Division of the Seoul Central District Prosecutors' Office (Chief Prosecutor Jumincheol) arrested and indicted Son Mo, a former journalist, on charges of violating the Attorney-at-Law Act and fraud on the 30th of last month.


It is reported that Son embezzled a total of 630 million won from January to July 2019 under the pretext of resolving various lawsuits faced by the current and former executives of Haeduck Powerway, a ship supplies manufacturer affiliated with Optimus, during the company's acquisition process.


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However, while detained at Seoul Detention Center, Son was diagnosed with COVID-19, and the court decided to suspend his detention on the 5th. He is now released and reportedly receiving treatment at a residential treatment center.


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